An international fire brigade – one way of looking at the European Central Bank – should brook no interference at the national level when it turns on its fire hose. Its ultimate arbiter is the pan-national European Court of Justice.
Cross-posted from Makroskop and Brave New Europe
Translated and edited by BRAVE NEW EUROPE
“The democratic sovereignty of the people” must also bow to this logic: whoever wants to have functioning international relations between states must subordinate the democratic self-determination of the nation states to international law and international agreements. …
With a scandalous ruling, the German Constitutional Court not only calls into question the legal system of the EU, but also proves that it is totally incapable of understanding a multilateral economic order.